1722 Walnut St

Berkeley, CA 94709 Active for $3,398,000

Overview
Map & Location
Median Values
Schools & Score
Property History
Similar Listings

Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 5,450 sqft

Property Facts

MLS	41073505
Year Built	1927
Property Type
County	Alameda
Status	Active
Active	$3,398,000
Structure Size	N/A sqft
Lot Size	5,450 sqft
Beds	N/A
Baths

Description

1722 Walnut St is a rare opportunity to acquire an apartment building in North Berkeley consisting of ten 1 bed, 1 bath units. The building is currently fully leased as furnished rentals, providing a strong in-place income stream, with all furniture included in the sale. Located just steps from UC Berkeley, the property offers a highly desirable location in one of the nation’s top academic and cultural hubs. The property offers a flexible investment strategy for the next owner. As units become vacant, there is the option to renovate and lease at market rates or continue the existing furnished rental model for maximum returns. Four of the units already feature upgraded, open-concept kitchens, enhancing tenant satisfaction, while all units retain beautiful original hardwood floors, lending charm and character. Additionally, the building includes convenient on-site coin-operated laundry facilities and a sunny shared backyard for tenants to enjoy. Meticulously maintained by the same owner for 37 years, the building is in excellent condition.

Listing information courtesy of: Jatin Mehta, Pellego . *Based on information from the Association of REALTORS/Multiple Listing as of 09/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.